The following estimated regression equation is based on 30 observations. y = 18+3.8x1-2.5x2 +7.7x3 + 2.9x4 The values of SST and SSR are 1,802 and 1,755, respectively. a. Compute R² (to 3 decimals). b. Compute R² (to 3 decimals). c. Comment on the goodness of fit. The estimated regression equation - Select your answer- く

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The following estimated regression equation is based on 30 observations.
ŷ 18+ 3.8x12.52 +7.73 +2.9x4
The values of SST and SSR are 1,802 and 1,755, respectively.
a. Compute R² (to 3 decimals).
b. Compute R² (to 3 decimals).
c. Comment on the goodness of fit.
The estimated regression equation - Select your answer -
Transcribed Image Text:The following estimated regression equation is based on 30 observations. ŷ 18+ 3.8x12.52 +7.73 +2.9x4 The values of SST and SSR are 1,802 and 1,755, respectively. a. Compute R² (to 3 decimals). b. Compute R² (to 3 decimals). c. Comment on the goodness of fit. The estimated regression equation - Select your answer -
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